UAV Battery Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: UAV Battery Market covers analysis By UAV type (Low-Altitude Long Endurance (LALE), Medium-Altitude Long Endurance (MALE), High-Altitude Long Endurance (HALE), Small UAV); Battery Type (Fuel cell, Lithium-ion, Nickel cadmium, Lithium polymer) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00010093
  • Category : Aerospace and Defense
  • No. of Pages : 150
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UAV Battery Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

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MARKET OVERVIEW

The application of UAVs is increasing with a significant rise in commercial, civil, and military applications. The growth in the UAV market will ultimately drive the growth for UAV batteries. Also, increasing development in UAV battery technologies such as enhanced capacity, fast charging, and lowering prices has supported the market growth. UAVs are prominently used for improved cross-border surveillance to improve military intelligence, communication, and border security. Batteries for UAVs are likely to rise in demand knowingly over the forecast period. With the growing demand for drones in a wide variety of industries and applications, the UAV battery market is expected to witness significant growth. Drones are extensively in demand in various industries, including construction, agriculture, emergency response, mapping, law enforcement, surveillance, and e-commerce, which is likely to drive the UAV battery market.

MARKET SCOPE

The Global UAV battery Market Analysis to 2028 is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the UAV battery market with detailed market segmentation by UAV type, battery type, and geography. The report provides key statistics on the market status of the leading UAV battery market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

    On the basis of UAV type, the market is segmented as Low-Altitude Long Endurance (LALE), Medium-Altitude Long Endurance (MALE), High-Altitude Long Endurance (HALE).
    On the basis of battery type, the market is segmented as fuel cell, lithium-ion, nickel cadmium, and lithium polymer.

MARKET DYNAMICS
Drivers:

  •   Recent advancements in technologies and the growing adoption of drones in commercial applications such as drone delivery drive the market growth.
  •   The increasing popularity of modern drones systems and the thriving need for high-power backups have boosted the market growth.

Restraints:

  •   High initial and maintenance costs may restrain the growth of the UAV battery market.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The UAV battery market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive Porter Five Forces analysis, highlighting the factors affecting the UAV battery market in these regions

IMPACT OF COVID-19 ON UAV BATTERY MARKET

The COVID - 19 pandemic has a negative impact on the growth of aerospace, defense, aviation, law enforcement, and military industries. The disrupted supply chain and low production activities by UAV manufacturers have resulted in a slower growth rate for the market. However, the increasing spending on the defense industry even in the pandemic situation has supported the market growth. The defense and military industry experiences the minimal impact of the COVID - 19 pandemics. However, from the starting of 2021, the UAV industry started to regain its momentum which supported the drive the market growth in coming years.

UAV Battery Market Report Analysis

UAV Battery Market

  • CAGR (2023 - 2031)
    XX%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • Ballard Power Systems.
  • Denchi Power Limited
  • EaglePicher Technologies
  • H3 Dynamics LLC
  • Hylium Industries INC.
  • MMC
  • OXIS Energy Ltd
  • SION POWER CORPORATION
  • Steatite Ltd

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

By UAV type
  • Low-Altitude Long Endurance
By Battery Type
  • Fuel cell
  • Lithium-ion
  • Nickel cadmium
  • Lithium polymer
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS


The report covers key developments in the UAV battery market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from UAV battery market are anticipated to lucrative growth opportunities in the future with the rising demand for UAV battery in the global market.\
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the UAV battery market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

    Ballard Power Systems.
    Denchi Group Ltd
    EaglePicher Technologies
    H3 Dynamics LLC
    Hylium Industries, Inc.
    MMC
    OXIS Energy Ltd.
    SION POWER CORPORATION
    Tadiran
    Steatite Ltd

The Insight Partner dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.


UAV Battery Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By UAV type
  • Low-Altitude Long Endurance
By Battery Type
  • Fuel cell
  • Lithium-ion
  • Nickel cadmium
  • Lithium polymer
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Ballard Power Systems.
  • Denchi Power Limited
  • EaglePicher Technologies
  • H3 Dynamics LLC
  • Hylium Industries INC.
  • MMC
  • OXIS Energy Ltd
  • SION POWER CORPORATION
  • Steatite Ltd
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    This text is related
    to segments covered.

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    This text is related
    to country scope.

    The List of Companies

    1.Ballard Power Systems.
    2.Denchi Power Limited
    3.EaglePicher Technologies
    4.H3 Dynamics LLC
    5.Hylium Industries INC.
    6.MMC
    7.OXIS Energy Ltd
    8.SION POWER CORPORATION
    9.Steatite Ltd
    10.Tadiran 

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